Bitcoin is the perfect currency and
payment system for our digital age. It is decentralized,
open source, and highly secure, allowing you to shop online
or send money around the world in just seconds— at a
fraction of the cost of other payment systems. With
Bitcoin, you don’t need a bank account, credit card or
special technical knowledge. You can use it to spend, send
or save, converting it easily to paper currency whenever
you choose.

The creation of Bitcoin required a great deal
of sophisticated computer engineering, but people can use
it easily and conveniently with no technical skill. It
works on a decentralized ledger known as a “blockchain,”
which tracks every transaction in a public, verifiable
manner through a computer process called “mining.” Users
can buy bitcoins from multiple sources and store them in a
digital “wallet,” which uses sophisticated encryption to
store them securely.

Bitcoin is designed to be both the most
secure and the most open currency in history. Secure
because its complex encryption makes it virtually
impossible to be hacked if stored properly, and open
because all transactions are noted on a public ledger
(without revealing personal identities). In this way, fraud
is minimized, privacy assured, and the network flourishes
to the benefit of all users.

Since no government or other central
authority operates Bitcoin, its benefits flow only to the
users. Whether you’re a consumer buying items with Bitcoin
or a merchant accepting it as payment for goods or
services, Bitcoin provides an easy, low-cost way to conduct
business. All parties benefit from reduced fees, and for
people around the world with no banking or credit card
relationships, Bitcoin can serve as a highly useful
currency and payment system.

Entering the world of Bitcoin is getting
easier all the time. Many companies now offer services that
in a few minutes can get you signed up for your own wallet,
ready to buy your first bitcoin and then start shopping at
the hundreds of thousands of businesses now accepting it as
currency. The same is true if you own a business and want
to accept Bitcoin. Sign up today using a payment processor
and remove all the risk and volatility!